The report expects the global 3D mapping and 3D modeling market to grow at a CAGR of 8.54% during the period 2016-2020.

Increased use of LIDAR is the major trends in the market. LIDAR, a remote sensing technology, is used to measure distance. The target is illuminated with light from a laser, and the reflected light is analyzed to determine the distance. It provides accurate data regarding the terrain. The data from LIDAR is processed in point cloud format and converted to a 3D image by way of various techniques, like Delaunay triangulation.

According to the report, 3D mapping is gaining popularity in the healthcare sector. It is increasingly being used to map human anatomy and helps in the modeling of surgeries. For instance, 3D electromechanical mapping is used for cardiac imaging. It also helps in analyzing cardiac hemodynamics to determine the viability of cardiac surgery.

Further, the report states that the purchase of equipment like LIDAR sensors, aerial photography cameras, and GIS recording tools requires huge initial investment. It is a deterrent for many smaller players trying to venture into the market.

Key questions answered in this report:

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?